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The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…
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DOI: 10.1108/OXAN-DB216585
ISSN: 2633-304X
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BRAZIL: Primary deficit target will be missed again
Outlook for Brazilian debt.
Economic policy-making.
In 2015 the economic downturn and the electoral calendar undermined provincial finances. The outlook is no better for 2016, forcing provincial governors to seek fresh funds. In…
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DOI: 10.1108/OXAN-DB210000
ISSN: 2633-304X
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The outlook for provincial debt.
ARGENTINA: Provincial deficit set to worsen this year
The IMF also approved an increase in social welfare spending to 0.3% of GDP from 0.2% in light of the impact of the economic slump and high inflation, implying a total of 60…
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DOI: 10.1108/OXAN-DB242613
ISSN: 2633-304X
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One year ago, then newly inaugurated President Mauricio Macri attended the Davos World Economic Forum (WEF) to promise shifts in foreign and economic policy. Some of his promises…
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DOI: 10.1108/OXAN-DB217363
ISSN: 2633-304X
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Geographic
Topical
Although styled as the more 'business-friendly' candidate, Macri will face numerous challenges in making rapid macroeconomic changes, despite the need to do so. Since 2003, when…